Broderick Brian C buys $2,727,220 stake in Xylem Inc (XYL)

Xylem Inc (XYL) : Broderick Brian C scooped up 640 additional shares in Xylem Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 8, 2016. The investment management firm now holds a total of 56,185 shares of Xylem Inc which is valued at $2,727,220.Xylem Inc makes up approximately 1.12% of Broderick Brian C’s portfolio.

Other Hedge Funds, Including , Dean Investment Associates reduced its stake in XYL by selling 63 shares or 0.51% in the most recent quarter. The Hedge Fund company now holds 12,245 shares of XYL which is valued at $566,086. Xylem Inc makes up approx 0.11% of Dean Investment Associates’s portfolio. Moisand Fitzgerald Tamayo sold out all of its stake in XYL during the most recent quarter. The investment firm sold 229 shares of XYL which is valued $10,587.

Xylem Inc opened for trading at $49.2 and hit $50.505 on the upside on Monday, eventually ending the session at $50.32, with a gain of 3.86% or 1.87 points. The heightened volatility saw the trading volume jump to 18,18,499 shares. Company has a market cap of $9,016 M.

On the company’s financial health, Xylem Inc reported $0.48 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Aug 2, 2016. Analyst had a consensus of $0.47. The company had revenue of $932.00 million for the quarter, compared to analysts expectations of $928.42 million. The company’s revenue was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.43 EPS.

Xylem Inc. is engaged in the design manufacturing and application of engineered technologies for the water industry. The Company is an equipment and service provider for water and wastewater applications with a portfolio of products and services addressing the cycle of water from collection distribution and use to the return of water to the environment. The Company is an equipment and service provider in various application areas of the water equipment industry: transport treatment test building services industrial processing and irrigation. The Company’s water market brands such as Bell & Gossett and Flygt. The Company sells its products in more than 150 countries through a distribution network consisting of direct sales force and independent channel partners. The Company has two business segments: Water Infrastructure (collection distribution and return) and Applied Water (usage).

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